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Iran has invited global energy giants to a tender for the development of several of its key oil sector projects. The National Iranian Oil Company (NIOC) via an announcement has called on foreign exploration and production companies to submit…read more

Iran plans to double its liquefied petroleum gas (LPG) production capacities following the development of the South Pars gas field, Safar Ali Keramati, the deputy head of the National Iranian Oil Company (NIOC), said.

British energy giant BP and the state National Iranian Oil Company (NIOC) have begun talks on crude oil supplies from Iran at Britain’s initiative, NIOC’s Director of International Affairs Seyed Mohsen Ghamsari said Monday.